Possible way to get some attention on FAS, page-46

Seems to be a bit of positivity around iron ore atm, steel production is still down 1.1% on last year but hitting close to record monthly million tons produced atm.

As i've said all along i think the Chinese government is starting to close down poor quality mines / uneconomic mines and they were proposing to close down 150mt of excess steel mill capacity too. This means they will rely more on the seaborne trade though as doesnt seem that the steel mills have been closing down. Apparently the percentage of steel mills running a loss atm though is down from 41% to 28% indicating all this steel they are dumping on the world market they are still making money.

Don't know if it will last but it's been big enough to see a surge in the baltic dry index based on coal and iron ore shipments.

Hopefully KR has something left in the bag to get a deal done, completely agree with you though Minizoongs should've gone to the right people from the start.